World Bank likely to give $200m loan for renewable energy project
The World Bank has initiated the process to approve a load of $200m for increasing the installed generation capacity of renewable energy...
Circular debt impacts fuel supply chain
The unending power sector circular debt has impacted the entire fuel supply chain in Pakistan, choking ports, refineries and down to railway...
Govt releases Rs 483m under PSDP against a total budget of Rs 800b
The federal government has released Rs 482.8b (60.4pc), including Rs122b foreign aid, for different development projects under the Public Sector Development Programme...
Pak to enhance air & rail links with Kyrgyzstan
Water and Power Minister Khawaja Muhammad Asif in a meeting with Kyrgyzstan Parliament Speaker Chynybai A Tursunbekov has stressed upon the need...
Abraaj Group likely to miss deadline for K-Electric deal
The Abraaj Group is likely to miss the deadline for the $1.8 billion deal to sell off its stake in K-Electric sale...
Pakistan, Indonesia likely to enhance product list under PTA
Indonesia and Pakistan are likely to add more products on the trade list to benefit from lower tariffs under the existing preferential trade...
CNG prices likely to drop in Punjab
Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...
Govt likely to tax E-Commerce sector
The government is likely to consider taxing the e-commerce sector in an attempt to raise more revenue, media sources have reported. The...
Bearish trend continues at PSX for the fourth consecutive trading day
Tuesday’s session happens to be the fourth consecutive trading day which has seen the KSE-100 lose points as investors remain reserved due...
Pak to become epicenter of regional connectivity through CPEC: Ahsan Iqbal
Planning Minister Ahsan Iqbal while addressing an international marketing conference in Lahore has said that  Pakistan is going to be an epicentre...
Pakistan’s service exports up by 14pc
Pakistan’s exports of services have increased by14 pc YoY to reach $37.71 million in January, the Pakistan Bureau of Statistics (PBS) has...
Govt waives off 15% income tax on loans acquired to support forex reserves
The federal cabinet has waived off 15% income tax on profit that foreign banks are earning on lending about $2.5 billion to...
Govt waives off 15% income tax on loans acquired to support forex reserves
The federal cabinet has waived off 15% income tax on profit that foreign banks are earning on lending about $2.5 billion to...
Oil falls to a three-month low as US supply rises
Oil hovered around a three-month low on Monday as rising US stockpiles and drilling activity offset the optimism over Organization of the...
PSM laying off employees to reduce salary expense
The government has reduced the salary expenditure of Pakistan Steel Mills (PSM) by cutting jobs in an attempt to ease the burden...